Property Overview: 291 Bonaventure Drive W
Key Characteristics & Appeal
This 2019-built home in Fraipont offers a modern, low-maintenance foundation with a renovated basement and attached garage. At 1,522 sqft, its living space is efficiently sized—above average for Winnipeg overall but more compact compared to newer homes on its own street. This creates a practical layout without excess square footage to heat or maintain.
The appeal lies in its balance of being a relatively new build in a mature neighbourhood. You get modern construction standards and systems, avoiding the major repairs often needed in older city homes, while being part of an established community. The lot size is generous for the Fraipont area, offering good outdoor space. Its assessed value positions it as a solid, mid-range property on its street, suggesting it’s not over-improved for the area.
This home would suit first-time buyers or downsizers seeking a turnkey, newer property without a premium "brand new" price tag. It’s also a practical fit for those who value a modern interior and mechanical systems but prefer the settled character of an older neighbourhood over a brand-new subdivision. The renovated basement adds flexible space for a growing family or a home office.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
While the home’s size is above the Winnipeg average, it is slightly below the average for newer homes on Bonaventure Drive W itself. This indicates a efficient, potentially more affordable-to-operate home among its immediate peers.
2. What does the assessed value tell us about the property?
Its assessment is around average for the street but above average for both the Fraipont area and citywide. This suggests a stable, in-demand location where property values hold up well.
3. As a 2019 build, what are the potential maintenance considerations?
While still very new, the home will soon approach the 5–7 year mark where initial builder warranties may expire and first round of minor wear-and-tear items (like appliance servicing or exterior caulking) might need attention.
4. How does the lot size impact its value?
The land area is above average for Fraipont, which is a positive. On this street, however, it is just below average. This means you have a good-sized yard for the neighbourhood, but not the largest on the block.
5. What can past sale prices indicate?
The home sold in June 2021 for between $50.50k and $53.50k. Comparing this to the current assessed value of $51.10k provides a benchmark for market trends over the last few years. For the exact historical sold price, you can request details via email.